Iran expects to sign its biggest oil refining contracts worth $8.6 billion with a number of Japanese, Chinese and South Korean companies this month or later, Deputy Oil Minister Abbas Kazemi said on Wednesday.
The biggest deal is

Iran plans to award the development of two of its major oilfields to Chinese companies, an official of National Iranian Oil Company (NIOC) was quoted as saying in an Iran Daily report.
China's CNPC and Sinopec will be

Sinopec Company of China will develop the second phase of the Yadavaran oilfield in Iran, a top official was quoted as saying in an Iran Daily report.
"A daily average of 100,000 barrels of oil are currently being pr

National Iranian Oil Company (NIOC) has signed a new crude and condensate sales agreement with Sinopec of China, a report said.
"Oil sales to Chinese firms was not halted even during the years of sanctions and negotiations ar

Saudi Aramco, the kingdom's state oil giant, is seeking to borrow $4.7 billion from banks to refinance capital used to build a refinery in collaboration with China's Sinopec, three sources with knowledge of the matter said on Tuesday.

Saudi Aramco, the kingdom's state oil giant, is seeking to borrow $4.7 billion from banks to refinance capital used to build a refinery in collaboration with China's Sinopec, three sources with knowledge of the matter said on Tuesday.

Chinese state energy giant Sinopec Corp is in advanced talks on taking a controlling stake in petrochemical firm Dragon Aromatics, which operates one of the country's biggest chemical plants, three sources with knowledge of the matter said.

Chinese state energy giant Sinopec Corp is in advanced talks on taking a controlling stake in petrochemical firm Dragon Aromatics, which operates one of the country's biggest chemical plants, three sources with knowledge of the matter said.

Chinese state-owned energy giant Sinopec Group will sell off most of its hotels by the end of 2017 and get rid of more than 4,000 company cars as part of efforts to root out corruption and waste, it said on Monday.
Since President

Asia's largest refiner, Sinopec Corp, said on Monday it expects prolonged weakness in global oil prices, forcing it to cut spending and turn more cautious about acquisitions.
"This year's oil prices won't be high.